topic Re: Chase Freedom Auto CLI Tactics? in Credit Cards

Chase Freedom Auto CLI Tactics?

Anonymous — Fri, 03 Feb 2012 17:13:15 GMT

So I got a Chase Freedom card in December of 2011 and I've run it up to near the limit for every billing cycle and paid it off the day after the statement.

They initially gave me a $3000 limit and I'm wondering how often they give out automatic INQ free CLIs.

I have a high balance of 10,600 showing on my Amex plat, a 4000 limit at Citi and a 12,000 limit at USAA. I also have a few GE cards all around 2000.

This is my first Chase card and I'm wondering if any of you have positive experiences with getting an auto CLI. Ultimately, I'd like to app for a Sapphire Preferred but I hear they match their existing in house limits on new accounts.

Re: Chase Freedom Auto CLI Tactics?

RyVision — Fri, 03 Feb 2012 17:20:37 GMT

Have the freedom, have had a couple other Chase cards in the past. Parents have had a few (different kinds) and I have yet to hear about an auto CLI from Chase from much of anyone. I have heard they used to be good ad CLDs however.

Re: Chase Freedom Auto CLI Tactics?

mmduluth — Fri, 03 Feb 2012 19:14:31 GMT

I got an auto CLI on my Freedom 2 years after opening. They raised me from 2k to 3k.

2 weeks ago I apped and recieved a Sapphire with a starting CL of 5k instant approval.

Re: Chase Freedom Auto CLI Tactics?

CS800 — Fri, 03 Feb 2012 19:18:09 GMT

Chase will also be a challenge for me. I got a Freedom last December and still wondering the best way to proceed with a CLI 6 months from now.

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Fri, 03 Feb 2012 19:29:13 GMT

Would it not be better to pay before the statement that way your credit report does not show it is maxed out? Just a thought

Re: Chase Freedom Auto CLI Tactics?

CS800 — Fri, 03 Feb 2012 20:17:42 GMT

I dont know if it helps to let them make some money off the APR? If we pif ,the dont really make out in terms of APR. Give them a bait??

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Fri, 03 Feb 2012 21:38:27 GMT

I like the baiting them with a few bucks of interest idea.

As far as letting the balance report to the CRAs, I've done it a couple times to show other soft pullers that I've run it up and paid it off. I only do one at a time to keep overall utilization low and if I know I'm apping or asking for a CLI from someone I make sure my overall utilization is < 10%

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Sun, 05 Feb 2012 14:28:28 GMT

Can anyone who got an automatic cli after 3 months or so comment on their spending, scores, etc?

Re: Chase Freedom Auto CLI Tactics?

CS800 — Sun, 05 Feb 2012 16:47:28 GMT

I dont see many threads with Chase CLI's nevermind auto cli's. Looks like one has to be willing to sacrifice a HP

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Sun, 05 Feb 2012 17:05:17 GMT

I don't know about Auto CLIs but I went to the Branch the other day and the banker had a 'Green Button' credit offer on her computer for me, but I decided not to take it. She couldn't be sure what it was unless I wanted to accept it.

She said that it usually means that the computer is telling her to offer another card to me and the computer has a very high chance to have instant approval. I didn't want to take it since I only got my card about 2 months ago..

Re: Chase Freedom Auto CLI Tactics?

CS800 — Sun, 05 Feb 2012 18:03:41 GMT

I havent seen a chase branch here. I should check one in. But of course i dont have a checking with them.

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Sun, 05 Feb 2012 18:53:33 GMT

For auto CLI, I think Chase likes large, but not full payments. I received an auto CLI from $13,000 to $16,500 after 6 months of having the Southwest Sig. Visa card. I made large payments but left a couple of thousand balance on the card from month to month before I received the auto CLI.

Hope that helps!

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Mon, 06 Feb 2012 17:30:43 GMT

SG-

It looks like that's two votes for let them earn a little interest while still making sizeable payments.

I think I'm going to use that tactic even though my interest rate is a little high.

I'm still taking suggestions however...

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Mon, 06 Feb 2012 18:22:26 GMT

I'll weigh in with my experience. Got the Freedom in 9/2010 with a line of $2,000. Put approximately $30,000 thru it in about a year. Received an auto cli at around the one year mark up to $2,300. 3 weeks later applied for and approved for sapphire. Funny thing was the postcard I received from them to enjoy my new spending power. Never paid a cent in interest often paying every Friday simply to keep the card from going over the limit. Chase is not good at cli these days. Sometimes they'll even decline a cli after a hard pull but they'll approve you for a brand new card a month later.

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Mon, 06 Feb 2012 19:02:22 GMT

I am looking to apply for the Saphire Preferred later this year so I may just bide my time. I do like to keep Amex happy with most of my transactions but may move more action to chase.

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Fri, 24 Feb 2012 19:42:02 GMT

I just got my third statement and I'm still at the opening credit limit. I've left a $500 balance on there to entice them with some 22.99% interest... we'll see how long I can stand losing money as an experiment.

Re: Chase Freedom Auto CLI Tactics?

RyVision — Fri, 24 Feb 2012 20:30:27 GMT

This thread has me curious too. I'm an AU on a 5k Freedom (opened last spring), no CLI so far, was asked about at opening, told maybe later. I was also an AU on a previous Freedom Siggy with a 10.5k CL but a flexible spending account which on one of my reports still says "open" and appears to show payments (until looking at details then it's 0\0).

The current card gets use and large payments and has a 10.9 or 11.9 rate once the zero intro expires. I don't remember if the CL on the old Freedom changed or not at some point, it may have been higher than 10.5k at some point, it went rate wonky I think during the "credit mess" a few years ago (which to some degree is still going on lol) so it got paid and closed (by us).

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Fri, 24 Feb 2012 20:46:01 GMT

Its interesting we all go through these hoops to try to get a CLI when in reality then can CLD us at anytime without notice

Re: Chase Freedom Auto CLI Tactics?

Anonymous — Mon, 05 Mar 2012 21:08:06 GMT

Self-serving bump...

I just got an auto CLI on my LOWE's card which reminded me of this thread I started a while back. My forth statement will come out in the next week so I have my fingers crossed. Otherwise, it looks like I'll have to wait until July or so to app for the Sapphire Preferred.

Re: Chase Freedom Auto CLI Tactics?

LS2982 — Mon, 05 Mar 2012 22:05:15 GMT

@Anonymous wrote:
Self-serving bump...

I just got an auto CLI on my LOWE's card which reminded me of this thread I started a while back. My forth statement will come out in the next week so I have my fingers crossed. Otherwise, it looks like I'll have to wait until July or so to app for the Sapphire Preferred.

Congrats!!!